Under Armour Inc

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Under Armour to slash 400 more jobs Beth Wright | 21 Sep 18

Under Armour is to cut 3% of its global workforce as part of the US sportswear brand's 2018 restructuring plan in a move it says could push related expenses up to US$220m.


US Q2 in brief – Sears, Cherokee Global Brands, Oxford Industries just-style | 14 Sep 18

In the latest second-quarter filings from US apparel and footwear brands and retailers, both PVH and Guess Inc booked a rise in both earnings and revenue, while L Brands reported a 28.7% drop in earnings, and Urban Outfitters achieved record second-quarter sales and a jump in profit.


US Q1 in brief – Destination Maternity, Tailored Brands, Boot Barn just-style | 8 Aug 18

In the latest first-quarter filings from US apparel and footwear brands and retailers, PVH Corp saw revenues exceed guidance thanks to strength across the business, while Guess saw continued momentum in Europe and Asia push earnings and sales up in the three months ended 5 May. Dick's Sporting Goods raised its full-year outlook and Destination XL narrowed its net losses.


Top 10 apparel brands combined worth US$111.3bn Beth Wright | 1 Jun 18

The world’s top ten apparel brands have grown in value by 5% year-on-year and are now worth US$111.3bn, according to the 2018 Brandz Top 100 Most Valuable Global Brand rankings.


North America main source of Under Armour's woes Beth Wright | 14 Feb 18

Although Under Armour's fourth-quarter is an improvement on its last, one analyst says the US sportswear brand is still showing signs of a company in difficulty, particularly in North America - the main source of the firm's woes.


US Q3 in brief – Deckers Brands, Boot Barn Holdings just-style | 6 Feb 18

In the most recent third-quarter filings from US apparel and footwear brands and retailers, Deckers Brands exceeded expectations, while Boot Barn Holdings saw earnings nearly double. Destination Maternity, meanwhile, widened its losses.


Under Armour develops new footwear cushioning tech Beth Wright | 2 Feb 18

US sportswear brand Under Armour has developed a new footwear cushioning technology, designed to help runners to feel and perform better with less fatigue.


Under Amour partners with EOS to scale 3D footwear Beth Wright | 7 Dec 17

Embattled US sportswear brand Under Armour has partnered with EOS, a supplier of industrial 3D printing equipment, in a move aimed at boosting its 3D footwear business.


Under Armour makes strategic changes amid digital drive Michelle Russell | 5 Dec 17

In a move aimed at driving alignment in its digital business, embattled US sportswear brand Under Armour has made a number of strategic changes, including the appointment of a digital head.


Under Armour launches first subscription service Beth Wright | 23 Oct 17

US sportswear brand Under Armour has become the latest apparel retailer to launch an online subscription service that sees its customers sent boxes of handpicked items, customised to their specific training needs and personal style.


US Q2 in brief – Finish Line, Zumiez, Tailored Brands, Vince Holding just-style | 22 Sep 17

In the most recent second-quarter filings from US apparel and footwear brands and retailers, PVH upped its full-year guidance based on strong second-quarter results, while Guess saw its results boosted by solid growth in both Europe and Asia. Oxford Industries, meanwhile, saw mixed results as earnings fell but sales edged up.


Under Armour opens footwear design innovation hub Beth Wright | 15 Sep 17

As part of its plans to build a stronger and smarter company with faster go-to-market speed and greater digital capabilities, Under Armour has opened a dedicated global innovation hub for footwear design in Portland, Oregon.


Under Armour eyes a more responsive positioning Michelle Russell | 3 Aug 17

As Under Armour's rapid growth trajectory starts to ease up, the athletic wear maker is now looking to position itself as a more responsive organisation, capable of fuelling and self-funding its growth more effectively.


Under Armour to close stores and cut jobs amid restructuring Michelle Russell | 1 Aug 17

Athletic wear maker Under Armour is to close stores and cut jobs as part of new plans to build a stronger and smarter company with faster go-to-market speed and greater digital capabilities.


Lululemon sues Under Armour over sports bra design Michelle Russell | 13 Jul 17

Canadian yoga wear brand Lululemon Athletica is understood to be suing rival sportswear firm Under Armour over claims it has copied the four-strap design of its best-selling sports bras.


US Q1 in brief – Cherokee, The Finish Line, J Crew Michelle Russell and Beth Wright | 10 Jul 17

In the most recent first-quarter filings from US apparel and footwear brands and retailers, G-III Apparel moved to a loss on acquisition charges, while Guess saw earnings fall on soft Americas sales. Kate Spade, meanwhile, saw earnings slump on the back of sales declines, while Hudson's Bay recorded comparable store declines on the back of lower domestic store traffic across all banners. 


Under Armour launches its first customisable shoes Michelle Russell | 8 Jun 17

Athletic wear maker Under Armour has launched a new platform allowing consumers to customise its athletic shoes by uploading their own images and selecting prints and colours.


US Q4 in brief – Cherokee, Vince Holding, Destination Maternity Michelle Russell and Beth Wright | 15 May 17

In the most recent fourth-quarter filings from US apparel and footwear brands and retailers, Destination XL moved to a profit but booked lower sales, while Caleres moved to a loss in the quarter. VF Corporation, meanwhile, revealed a fall in both sales and earnings for the quarter, while Stein Mart moved to a loss as a result of "aggressive" promotions. 


Why US sporting goods retailers are struggling Ayako Homma | 30 Mar 17

Despite strong growth in US sportswear sales, sporting goods retailers are struggling as consumers change their purchasing habits, sportswear brands focus more on direct channels, and new players enter the market. Ayako Homma, senior research analyst for apparel and footwear at Euromonitor International, takes a closer look.


Under Armour taps Dean as chief innovation officer Beth Wright | 14 Mar 17

Athletic wear maker Under Armour has tapped Clay Dean as its new chief innovation officer, assuming responsibility for global strategy and collaboration between the design, marketing, product and category management teams. 


Marks & Spencer tops human rights benchmark Michelle Russell | 13 Mar 17

UK retailer Marks & Spencer has topped a new benchmark ranking that aims to incentivise companies in a race to the top for the moral and commercial advantages of a strong human rights record.


Under Armour CEO joins Trump manufacturing jobs initiative Leonie Barrie | 31 Jan 17

Under Armour CEO Kevin Plank is among a group of business leaders who will be advising president Donald Trump on how best to create new jobs in the US.


Under Armour launches first US-made apparel Beth Wright | 31 Jan 17

Athletic wear maker Under Armour has launched its first made-in-the-USA capsule apparel collection, produced at its state-of-the-art UA Lighthouse design and manufacturing innovation hub in Baltimore.


Under Armour unveils first recovery sleepwear line Leonie Barrie | 9 Jan 17

Baltimore-based athletic wear maker Under Armour Inc has launched its first-ever "athlete recovery sleepwear" designed to improve both sleep and overall athlete performance.


Under Armour develops smart running shoe line Michelle Russell | 15 Dec 16

US sportswear brand Under Armour has developed a new line of smart running shoes designed to track a user's capabilities and inform the runner if he or she is too tired to run. 


2016 – A year in review – Retail winners and losers Lee Adendorff | 13 Dec 16

A local-for-local manufacturing vision, expansion in Asia, robotic warehousing and automated delivery systems helped lift some retailers during 2016, but concerns over conditions and working practices, store closures and bankruptcies weighed on others.


US Q3 in brief – The Finish Line, Destination Maternity, Cherokee, Sears Michelle Russell and Beth Wright | 9 Dec 16

In the most recent third-quarter filings from US apparel and footwear brands and retailers, Sears Holdings remained optimistic despite widening its net losses, while Vince Holding blamed challenging conditions and warm weather for a fall in both earnings and sales. Abercrombie & Fitch, meanwhile, revealed a "disastrous" quarter as sales fell and earnings plummeted 80%, while American Eagle Outfitters booked record sales and its 9th consecutive quarter of profit improvement.


Fast Fashion – Tech tools to transform supply chains Andrew Burnyeat | 7 Nov 16

Most fast fashion brands span multiple brands, channels and countries – and technology can help revolutionise supply chains at all stages from prototype design to packing and shipping.


How Under Armour's Lighthouse will disrupt production Michelle Russell | 14 Oct 16

US sportswear giant Under Armour says it wants to propel its brand into the future through a new state-of-the-art Lighthouse manufacturing innovation facility that brings new opportunities in local-for-local manufacturing and customised products. Described by the group as its "magic bullet" and barely three months old, there are already plans for a second centre – and for the launch of several contract factories next year.


Under Armour on track with new UAS sportswear line Leonie Barrie | 21 Sep 16

Performance footwear and apparel brand Under Armour has taken a much-anticipated step to broaden its appeal to a more mainstream audience with its new Under Armour Sportswear brand – or what the company describes as ‘Modern American Sportswear.’

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